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<br />auses rn avor of and in form acceptable to the Lender. In
<br />HUB- 92143DT -1
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<br />Harrower and Lender covenant and agree as follows:
<br />or if the tender acquires the
<br />r1- That Borrower will t indebtedness, as h
<br />property otherwise after default, the
<br />Lender shall apply, at the time of the commencement of such
<br />provided- Privilege is reserved to
<br />P eB pay the debt in whole or in part on balance then remaining c9
<br />whole or in p proceedings, or at the time the property is otherwise acquired, the
<br />any installment due date. gin the funds accumulated
<br />under (a) of
<br />Paragraph 2 preceding, as a credit against the amount of principal
<br />2- That, together with, and in addition to, the monthly payments
<br />then remaining unpaid under said note.
<br />ohereby the Borrower will pay to under the terms he the note secured
<br />pay to the Lender, an the first day of each
<br />4. That the Borrower writ pay ground rents, taxes, assessments,
<br />month until the said mate is fully paid the following sums:
<br />water rates, and other governmental or municipal charges fCaes, or
<br />impositions, for which
<br />(a) A sure equal to the ground rents, if any. next due, Ius the
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<br />provision has not been npade hereinbefeM
<br />and in default thereof the Lender may pay the same; and that the
<br />premiums that will next become due and Dyable an policies of fire
<br />and other hazard insur m
<br />Borrower will promptly diver the official rewiP� therefor to the
<br />tender.
<br />covering the
<br />S P perry. plus taxes and
<br />assessments next due o ^'.� property Ecy os esrazrc!&Fj7 +•he l err erg
<br />limos all Burns Already cts� fjr dit.�da by the r;::rbvr of merit is
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<br />ter: r1apse ttefnr�.ne (6rti {�►ior try iibrz :'�y.'
<br />1TGff , pr�►attlrrSti •.2MS a�. 4 b3iS?7i4fSJi� JtiljJ 4 CLITLYC Gi It ud"Jf.�, 5*Ji� '
<br />; er dc�� , utr rest rrrryai ! essate d
<br />l i.aa art vs {2i ,
<br />x�r"a.pj Cs`vFi%S 1 iJiasrurr:eni or the deb W-f71`r
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<br />rs .6 l fSr�d.3 1 u;
<br />0 7Sd. : 41S?; �£ta��otli3Yislie +ia
<br />_ I; rfar�tiinis.
<br />r iLYc "wLer- n1'xv soli;: is not �F �,3 1 i.
<br />�. FJ�. lire Gi�i.c3ZI rdul'J3rL• `
<br />` �'+ 1sslt�a�itwrilgrvtriraitetJ :i,�i��r.�;�:ri��5w
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<br />,t�,t:��s73s�z1`•ras��eisi��)`.
<br />JL.a, a"� s atiyr m� i r�i'rir+e t rani rte sirs: +aizof :ir"r;Js
<br />:rsrj:�,{�" •��� ..
<br />tU�3Dv me . i+C:�:
<br />t*�o7: Jxnw bite,
<br />s7i} au�25 :t+5isflt;
<br />itia7tYid 6. j J
<br />_tom .:- 'rrrgi :�3 3e bray, etJnii>ir Me note secured '
<br />— -- -- here »,,,,, b wi sd'.0
<br />t ;v i9�fi 1�11� i24y1► :'4t37JL ,
<br />s stir :
<br />rr, d!`�i r�ilr►i;��r fl "I�jt:13J�i7{frC ls.r7htfy79ni:ri4;;;.<:, :
<br />�.....
<br />in'VJtAJ1K tSF, r
<br />er csAl� :nrr cpc gate amount their �f'..'
<br />shall be prtit hy:! [tt1. fctraaawtx till nssmft itx a si a
<br />nf_'f payment In. Gre "
<br />tj t
<br />tcr;,'tt Ili ,�> itvrii riu)rig the whole or any psirtirUrt
<br />�tf the afiarid m r " , :
<br />p; 4.,�i,1.Tze Bering
<br />applied by ti :ii Under sii tfie following dtein in the order set forth:.
<br />. i of any court decree
<br />prohibiting the payment by the Borrower of any such taxes, or if
<br />(i) ground rents, taxes, assessments. Grand other hazard insur-
<br />such law or decree provides that any amount so paid by the
<br />Borrower shall be credited on the debt. the Lender shall have the
<br />ance premiums;
<br />right to give ninety days' written notice to the owner of the premises,
<br />(11) interest on the note secured hereby;
<br />requiring the payment of the debt. If such notice be given, the said
<br />debt shall become due, payable and
<br />(111) amortization of the principal of said note; and
<br />collectible at the expiration of
<br />said ninety days,
<br />(IV) late charges.
<br />6. That should the Borrower fad to pay any sum or keep any
<br />Any deficiency in the amount of such aggregate monthly payment
<br />shall, unless made good by the Borrower prior to the due date of the
<br />covenant provided for in the, instrument, then the Lender, at its
<br />option, may pay or perform the same, and all expenditures so made
<br />next such payment, constitute an event of default under this
<br />shall be added to the principal sum owing on the said note, shall
<br />mortgage. The Lender may collect a "late charge" not to exceed four
<br />cents (4¢) for each dollar (SI I of each
<br />he secured hereby, and shall bear interest at the rate set forth in the
<br />said note, until paid.
<br />-
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<br />payment more than fifteen
<br />t ) days in arrears to aver the extra expense involved in handling
<br />1;
<br />delinquent payments.
<br />7• That the Borrower hereby assigns, transfers and sets over to theme
<br />Lender, to be applied toward the payment of
<br />3- That if the total of the payments made by the Burrower under
<br />the rate and all sums
<br />secured hereby in case of a default in the Perforrnzn a of any of the
<br />t
<br />(a) of paragraph 2 preceding shall exceed the amount of payments
<br />actually made by the Lender for ground rents,
<br />terms and conditions of this instrument or the sari' rate, all the rents,
<br />revenues and income to be derived from
<br />1111111r'
<br />taxes and assessments
<br />or insurance premiums, as the case may be, such excess, if the loan is
<br />the said premises during
<br />such time as the indebtedness shall remain unpaid, and the Lend;
<br />=
<br />current, at the option of the Borrower, shall be credilta by the
<br />Lender on subsequent payments to be made by the Borrower.
<br />shall have power to appoint any agent or agents it may desire -o-,:re
<br />Purpose of repairing said premises and of renting
<br />or
<br />refunded to the Burrower. If, however. erne monthly payments made
<br />by the Borrower under (a) of paragraph 2
<br />the same amp
<br />collecting the rents, revenues and ina»e. and it 'm a 1 pay c:a of said
<br />incomes all expenses oFrepairing
<br />'! "
<br />Preceding shall not be
<br />sufficient to pay ground rents, taxes and assessments or insurance
<br />said pr(! ises a.�di :.ce pry
<br />commissions and expenses incurred to re„ung and managing the
<br />Premiums. as the case may be, when the same shall becomr due and
<br />payable, then the Borrower shall pay to the lender any amount
<br />same and of collecting rentals therefrom; the balance remaining, if
<br />any. w be applied toward the discharge of said indebtedness.
<br />i
<br />necessary to make up the deficiency, on or before the date when
<br />Payment of such ground rents, taxes, assessments. or insurance
<br />premiums shall be due. If at any time the Borrower shall tender to
<br />fl. That the Borrower will keep the improvements now existing w
<br />hereafter erected on the property, insured as may be required farm
<br />the Lender, in accordance with the provisions of the note secured
<br />hereby, full payment of the entire indebtedness
<br />time to time by the Lender against loss by fire and other hazards,
<br />casualties and contingencies in such
<br />represented thereby,
<br />the Lender shall, in computing the amount of such indebtedness,
<br />amounts and for such periods as
<br />may he required by the Lender and will pay promptly, when due,
<br />credit to the account of the Borrower any balance remaining in the
<br />funds accumulated under the provisions of
<br />any premiums on such insurance, provision for payment of which
<br />has not been made hereinbeforc. All insurance
<br />(a) of paragraph 2 here()(.
<br />If there shall be a default under any of the pnvitions of this
<br />shall be carried it..
<br />companies approved by the Lender and the policies and renewals
<br />instrument resulting in a public sale of the premises covered hereby,
<br />thaereuf shall he held by the Lender and have attached thereto loss
<br />P Yable cl f
<br />s:
<br />t.
<br />b
<br />auses rn avor of and in form acceptable to the Lender. In
<br />HUB- 92143DT -1
<br />ti
<br />tv
<br />Y+r
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